From Becoming Penguin's Major Shareholder to Building an Entertainment Empire

Note that this book is a slow-burn novel, and it will become increasingly exciting as the story progresses.

It starts from 2002, beginning at the Beijing Film Academy, and starting with the H...

Chapter 206 Share Transactions

PS: The founder of Fantasy Westward Journey is Xu Bo. Also known as Xu Youzhen, he spearheaded three online game products: Fantasy Westward Journey, Dream World, and Shenwu. He is an entrepreneur.

Duoyi Network, founded by Xu Bo, has a product line that covers online games, mobile internet apps, email, IM software and other platforms.

Xu Bo joined NetEase on November 15, 2001, and in 2003 he took the lead in the development of Fantasy Westward Journey, where he was responsible for the framework and most of the gameplay.

Fantasy Westward Journey was launched in a limited closed beta on November 6, 2003. He left NetEase in 2006 and founded Duoyi Network.

Xu Youzhen's ancestral home is Wuhan, Hubei. He has loved games since childhood, and his thinking ability almost entirely comes from the training he received through games.

In November 2001, Xu Youzhen joined NetEase. In August 2002, Xu Youzhen secured the opportunity to develop a game project and began working on his first game, "Fantasy Westward Journey".

On November 6, 2003, the limited test of "Fantasy Westward Journey" was launched and received positive feedback from players. Xu Youzhen frequently discussed the game with players on the official forum, earning him the affectionate nickname "Old Xu" from them. The success of "Fantasy Westward Journey" also made Ding Lei, the boss of NetEase, realize the importance of the game planner position.

After completing the development of the fourth expansion pack "Transformation" for "Fantasy Westward Journey," Xu Youzhen left NetEase in January 2006. In September 2007, Duoyi Network's first online game, "Dream World," was released. In 2014, Duoyi Network ranked 27th on the list of China's top 100 internet companies.

Ding's idea of ​​using Xu Bo as a tool was clever, but unfortunately, Xu Bo left after helping Ding build up Fantasy Westward Journey, his cash cow. However, Fantasy Westward Journey did save NetEase, bringing Ding billions in profits from the game alone.

"No need. I believe that once you, Mr. Ding, get NetEase back on track, Tencent will help you build momentum. The most important thing now is to reorganize the company and then upload new financial reports."